Timothy J. Mullaney writes:
... [Netflix CEO Reed] Hastings is hedging his bets by expanding Netflix into niches that will help it maintain an edge as new rivals emerge. He's positioning it as a film investor and source of high-quality content -- like Home Box Office for DVD rentals. He also wants to be a player in Web distribution, which it will launch by yearend even though Hastings thinks the market for downloading will be tiny for years. ...
Link: BusinessWeek.
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